McDonald's (MCD) Options Chain

NYSE: MCDConsumer DiscretionaryRestaurantsUSD

235.23-1.67 (-0.70%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 13, 2026
Days to expiration: 34
Share price: $235.23
Put/call ratio (OI): 0.22
Put/call ratio (volume): 0.37
ATM implied volatility: 25.4%
Expected move: ±$18.23
Open interest (C / P): 2.18K / 476

MCD options summary

The MCD options chain for the November 13, 2026 expiration lists 12 call and 12 put contracts, with 34 days until expiration. Open interest stands at 2,176 calls and 476 puts, a put/call ratio of 0.22, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $235.00 strike is 25.4%, which implies the market expects a move of about ±$18.23 (7.8%) in McDonald's stock by expiration.

The most open interest sits at the $240.00 call (1.54K contracts) and the $230.00 put (108 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MCD options chain · November 13, 2026

MCD calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	195.00	0.00	0.75	0.30	40.0%	10	22
3	3	55.1%	34.30	35.55	38.60	200.00	—	—	—	—	—	—
—	—	—	—	—	—	205.00	0.17	0.40	0.37	27.3%	8	21
—	—	—	—	—	—	210.00	0.27	0.67	0.50	26.3%	1	31
—	—	—	—	—	—	215.00	0.74	1.08	0.88	25.2%	11	36
—	—	—	—	—	—	220.00	1.33	1.77	1.54	24.4%	346	79
—	—	—	—	—	—	225.00	2.25	2.70	2.54	23.2%	226	49
24	5	29.0%	11.15	10.20	11.20	230.00	3.80	4.30	4.06	22.9%	15	108
22	51	27.8%	7.82	7.35	8.20	235.00	5.75	6.55	6.15	22.9%	12	98
MCD $235.23
1,540	1,458	26.9%	5.49	5.25	5.75	240.00	8.30	9.40	9.50	23.0%	2	19
24	11	26.6%	3.55	3.40	3.95	245.00	11.65	12.55	15.68	22.1%	2	2
162	49	26.6%	2.44	2.17	2.66	250.00	15.00	16.50	15.62	22.3%	4	11
100	116	26.5%	1.50	1.38	1.72	255.00	—	—	—	—	—	—
72	14	27.2%	0.97	0.86	1.19	260.00	—	—	—	—	—	—
18	6	27.5%	0.65	0.60	0.78	265.00	28.15	30.40	33.11	26.2%	—	0
206	1	30.7%	0.31	0.18	0.51	275.00	—	—	—	—	—	—
4	4	33.5%	0.29	0.14	0.51	280.00	—	—	—	—	—	—
1	1	41.8%	0.28	0.02	0.75	290.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the MCD put/call ratio?

For the November 13, 2026 expiration, the MCD put/call ratio based on open interest is 0.22 (476 puts vs 2,176 calls), and 0.37 based on today's volume. A ratio above 1 means more puts than calls.

What is MCD's implied volatility?

At-the-money implied volatility for MCD options expiring November 13, 2026 is about 25.4%, an annualized estimate of how much the market expects McDonald's stock to move.

How many MCD option expiration dates are there?

MCD has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.